For Sale €329,000

Residential Land in Latsia, Nicosia

The property consists of two adjacent plots capturing a total unified area of 1093sqm located in Ayios Georgios area in Latsia Municipality in Nicosia District. It is located approximately 700 meters from the Geri Industrial area, 800 meters from the Laiki Sporting Club and 3km from the University of Nicosia. The plots have rectangular shape and benefit from an even flat surface.

The property benefits from a total road frontage of ca. 60 meters. The property has the potential to be covered by utility services, i.e. water supply, electricity and telecommunication services.

The immediate area is characterised by the presence of residential developments (middle and upper quality) and by works related to division of land into plots. The asset enjoys good accessibility towards the Nicosia city centre and other neighbouring areas through the Nicosia – Limassol motorway.

The asset falls within the Residential Planning Zone Κα8, with building density coefficient of 60%, coverage coefficient 35%, in 2 floors and 10 metres height.